The Board of Directors of Smiths City Group Limited (SCY) is pleased to announce that Ms Sheena Henderson has been appointed as an independent non-executive Director of the company. Sheena has a strong background in business leadership; global branding; retailing experience in the food sector; marketing and corporate advisory work at Board and Senior Management level. Sheena has over 20

The Board of Smiths City Group advise that Managing Director, Rick Hellings, has decided to step down after 15 years in the Chief Executive role. The company has contracted EQI Global Executive Search and Recruitment Company to commence a search for a replacement Chief Executive.  Rick Hellings will remain through the transition to a new appointment. Commenting on the change,

The Board of Directors of Smiths City Group Limited (SCY) advises that Mr Luke Bunt has resigned as a Director of the company and associated entities for personal reasons. Whilst Luke has only been part of the Board for a short time his contribution has been valued and is appreciated. The Board previously advised they were looking for a replacement

SMITHS CITY ANNOUNCES IMPROVED PROFIT FROM OPERATIONS The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the 12 months to 30 April 2014 of $4.1million (last year $5.4million). Profit from operations before interest and tax increased by 44.7%. Operating revenues for the 12 months were $220.6million (last year $222.5million).. The

The Board of Directors of Smiths City Group Limited (SCY) is pleased to announce that Mr Luke Bunt has been appointed as an independent non-executive Director of the company. Luke has a strong background in retail, property and finance.   Since 2012 he has been a professional Director and in the previous 10 years was Group CFO and Head of Property

The Directors of Smiths City Group Limited, the Christchurch based retailers, have announced an operating surplus after taxation for the six months to October 2013 of $1.903million compared with $1.687million last year – an increase of 12.8%. Operating revenues for the six months were $108.504million – down 1.1% on previous year of $109.675million. The Directors have declared an unimputed half

The Directors of Smiths City Group Limited, the Christchurch based retailer, have announced an operating surplus after taxation for the 12 months to 30 April 2013 of $5.4million (last year $4.3million) – an increase of 22.7%.

The Board of Directors of Smiths City Group (“the Group”) confirms the following share movements between substantial shareholders in the Group: – Retail Management Services 2000 Limited- a company associated with Smiths City Group Director Richard Hellings – sold 1,250,000 shares to LLS Charitable Remainder Unitrust dated 12/28/89 at a price of 61.5 cents per share.

The Directors of Smiths City Group Limited (SCY) advised late last year that it was their intention to refinance the 100% owned customer credit subsidiary Smithcorp Finance Limited (SCF) with a major trading bank. This would terminate the existing bulk funding facility from Fisher & Paykel Finance Limited (FPF) which has served the company for almost 30 years. From today

This report has been prepared in a manner which complies with New Zealand International Financing Reporting Standards, which is consistent with the prior half year and gives a true and fair view of the matters to which the report relates and is based on unaudited financial statements. Smiths City Group Limited has a formally constituted Audit Committee of the Board